Eric Trump’s American Bitcoin reports $82 million loss in Q1 amid ‘record’ mining production
American Bitcoin mined 817 BTC during the first quarter, marking its highest quarterly production on record.
Bitcoin price started a fresh increase and cleared the $81,200 zone. BTC is consolidating and might aim for more gains above the $82,500 level. Bitcoin managed to stay above $80,200 and started a fresh increase. The price is trading above $80,800 and the 100 hourly simple moving average.
Cardone's Bitcoin-real estate model may reshape investment strategies, attracting new crypto investors and challenging traditional REITs' dominance.
May 7, 2026, 2:34 amBitcoin is pushing toward $82,000 as the market tests a resistance level that has capped every recent attempt at higher prices. The recovery from the March lows has been constructive, but the next meaningful move requires breaking through overhead that has so far absorbed every bullish effort.
May 7, 2026, 2:00 amAmerican Bitcoin mined 817 BTC during the first quarter, marking its highest quarterly production on record.
Institutional investors are increasingly treating crypto as a portfolio diversification tool rather than a speculative trade, according to a quarterly survey published by CoinShares Research on May 6. The survey, which cut across 26 fund managers overseeing a combined $1.3 trillion in assets under management (AUM).
More than $4 billion in long positions now sit within striking distance of liquidation near $77,000 — a figure that underscores just how much is riding on Bitcoin holding its current footing above $80,000.
Bitcoin pushed above $82,000 on Wednesday as markets rallied around fresh hopes that the US and Iran are moving closer to a framework agreement that could cool the conflict and ease pressure on global energy markets. The move extended Bitcoin’s recovery from its early-February low near $60,000, putting the asset up more than 36% from that level.
Imprisoned Samourai Wallet co-founder Keonne Rodriguez asks Bitcoiners to donate toward over $2 million in legal debt.
Bitcoin is trading just above the $81,000 level as the market waits to see whether the next move will push higher or pull back. Against that backdrop, Matthew Siegel, head of digital asset research at VanEck, reiterated his bullish view on the leading cryptocurrency.
The White House is preparing to announce new details on the US Strategic Bitcoin Reserve in the coming weeks, according to Patrick Witt, a senior White House digital assets official.
The real-estate mogul said the hybrid model brings new users into crypto and challenges traditional real estate structures.
Strategy’s Michael Saylor hinted at something few expected to hear from him — that his company might actually sell some of its Bitcoin. Not out of desperation, but as a calculated signal to the market.